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    804 3rd St Renton, WA 98057
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    Property profile & analytics

    804 3rd St Renton, WA 98057


    • Turn key restaurants
    • 3,600 SF
    • 0.09 lot acres
    Off-Market
    Last Sale Nov 20, 2024
    $870,000
    Property ID
    US90-0881250
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $870,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 804 3rd St

    Year built
    1927
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    3,600 SF
    Zone code
    CD
    Property type
    Turn key restaurants
    APN
    723150-1875
    APU
    7231501875

    Description

    This exceptional 3,600 square-foot retail property, located at 804 S 3rd St in Renton, WA 98057, presents a unique investment opportunity. Built in 1927, this historic building boasts a prime location on the highly desirable 3rd Street retail corridor, known for its high traffic counts and pedestrian activity. The property is zoned CD and sits on a 4,040 square-foot lot. The interior is divided into two distinct areas: a fully equipped restaurant space with a kitchen, and a separate bar and billiards area. The restaurant features a café-style setup with tables and booths, a full kitchen including a walk-in freezer, and a dedicated bar area complete with a billiards table and televisions. The current tenant, Rubattino's, one of Renton's oldest restaurants (founded in 1920), can vacate upon closing, making this an ideal owner-user opportunity. There is also a separate agreement available for the purchase of the existing business. The asking price for the property is $895,000, translating to $248.61 per square foot. This is a rare chance to acquire a well-established, fully built-out restaurant and bar in a vibrant downtown Renton location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $870,000
      ML approach
      $870,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,164,000
      Market price range: $882k - $3.29M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.206
    Latitude
    47.4799
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,513
    $177,700
    $437,900
    $615,600
    -
    $177,700
    $437,900
    $615,600
    More about this property
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